Metlifecare has 'good buffer' if property prices plunge
Record profit for the retirement village provider.
Calida Smylie Mon, 28 Aug 2017
Metlifecare has a good buffer if the housing market corrects dramatically, its chief executive says.
The retirement village operator reported a 10% increase in full-year net profit to a record $251.5 million in the year to June 30. Underlying profit, which removes unrealised gains in asset